142 Parliament Street, Toronto, ON
GTA Transit & Commute from this Address
Realistic rush-hour travel times from 142 Parliament Street
TTC Subway & GO Transit network: 10–25 min to Financial Core
Gardiner, DVP & 401: 5–12 min drive
Billy Bishop (YTZ): 10–15 min | Pearson (YYZ): 25 min
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Moss Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,495,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 40 x 61 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient other heating
Description
Prime corner retail building at busy intersection of Parliament & Richmond Streets. Fully Leased with immediate value add opportunities. Ground floor retail leased to 241 Pizza, currently in 1st renewal term expiring Dec 31, 2027. 1x5 yr further option to renew, subject to LL favorable Sale/Demo clause. Large 2nd floor apartment is currently leased M2M. Both tenants paying below market rent, offering upside and steady holding income. Abundant surface level parking along oversized corner lot. Current 241 Net Rent is $34,800/annum. 2nd floor gross rent is $12,960/annum. Retail tenant pays majority expenses.
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Property Summary
This commercial retail located at 142 Parliament Street, Toronto is currently for sale and has been available for 102 days. This property is listed at $1,495,000 with an estimated mortgage of $4,976* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 142 Parliament Street, Toronto is in the Moss Park neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Moss Park, Toronto.
- •Desirable Commercial Retail architecture in Moss Park, Toronto
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Yes
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this commercial retail at 142 Parliament Street, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Toronto Buyer Budget & Costs
Estimated mortgage: $4,976*/month*. Estimated Ontario Land Transfer Tax: $52,750. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 142 Parliament Street, Toronto, ON
Q.What is the asking price for 142 Parliament Street, Toronto, ON ?
The current listing price for 142 Parliament Street, Toronto, ON in Moss Park, Toronto is $1,495,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 142 Parliament Street, Toronto, ON ?
142 Parliament Street, Toronto, ON is a Commercial Retail () featuring a basement.
Q.What security features are installed at 142 Parliament Street, Toronto, ON ?
Security features include: Yes.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Moss Park, Toronto
594 assaults (2076.1/100k)
125 B&E (436.9/100k)
37 thefts (129.3/100k)
Stable vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 142 Parliament Street, Toronto, ON M5A 2Z1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,495,000 in Toronto, the legal minimum down payment is $299,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,375 also applies, bringing the total estimated land transfer taxes to $52,750.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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